Key driving forces behind the ever-increasing need for a hotel asset manager/consultant are pandemic-fueled. The global pandemic dictates a property-specific approach to attaining ownership’s financial goals. For example, the recent consolidation of hotel management companies has created a correlating client demand for personal attention to their assets. In addition, the over-reliance on OTAs such as Expedia and Travelocity to achieve revenue goals is a one-dimensional approach; hotels need a multi-faceted, dynamic plan in order to break the cycle of quick profits that lead to long-term losses.
In a recent interview, Managing Principal Tom Baker emphasizes what makes AHA successful, “While each plan is different and customized to the client, AHA always begins by conducting a thorough operations and accounting audit to gain the necessary insight into a hotel’s current financial situation. From this examination, AHA generally implements weekly revenue generation strategies, labor staffing plans, cash flow forecasts and, if necessary, a detailed debt restructuring plan to smooth the way for rapid results.”
About AHA Hotel Consulting
AHA Hotel Consulting is a full-service hospitality consulting firm specializing in hotel, project, and asset management. With a combined total of a century of hospitality industry experience, AHA’s leadership has the knowledge capital necessary to align profits with owners’ expectations. Their customized strategies emphasize the personality and character of a hotel or resort’s respective market while proactively addressing common and uncommon challenges facing hotel owners. With the goal of maximizing returns for investors and hotel ownership, AHA has made a name for themselves as a trusted partner in the hospitality industry.
Learn more about AHA’s approach and leadership by visiting ahahotelconsulting.com or by contacting Principal Tom Baker at [email protected] or 469-576-1641.
Press release by Incite Response.